Nyse Technologies, the commercial technology division of Nyse Euronext, and Xignite Inc., provider of web-based market data services, have announced their agreement to launch a new service providing access to real-time, historical, and reference market data for all Nyse Euronext markets via the Internet.
In extending the benefits offered by the NYSE Technologies Capital Markets Community platform introduced in 2011, NYSE Technologies Market Data Web Services is geared towards non-latency sensitive clients and those in remote locations. The first phase offers real-time retail reference pricing for NYSE, NYSE MKT, and NYSE Arca markets.
NYSE Technologies Market Data Web Services, which is powered by XigniteOnDemand, allows clients the flexibility to access only the content that they need for a wide range of purposes from developing trading solutions for financial web portals to enabling Internet-powered devices. The user interface offers data services from across NYSE Technologies' full portfolio of market data assets. The second phase scheduled for the third quarter of 2012 will offer NYSE Bonds data, NYSE Liffe Level 1 and Level 2 data, and NYSE and NYSE MKT Order Imbalances.
"Our goal is to connect data consumers directly to our content in multiple ways- via collocation at our Liquidity Centers, direct connection to our SFTI network and now via the web," said Jennifer Nayar, Head of Global Data Products, NYSE Technologies. "We are pleased to partner with Xignite to address the demand for internet-based delivery of market data and as a result, further extend our client-base to non-latency sensitive and remote clients."
Using a standard Internet connection, users can access NYSE Euronext market data and customize it according to their specific trading needs. Customers anywhere around the world, including those in remote locations, are able to access the data they need and develop to it with ease for fast time-to-market.
"The delivery of market data content via websites and mobile devices continues to build momentum and we are excited to leverage these applications to help increase access to NYSE Euronext data," said Stephane Dubois, Xignite's CEO and founder. "Both NYSE Technologies and Xignite have demonstrated a strong commitment nt to the electronic delivery of market data and the ability to serve today's growing, diverse array of applications, especially the mobile market."
The initiative with Xignite complements NYSE Technologies' enterprise cloud strategy. NYSE Technologies Capital Markets Community Platform enables a range of industry firms and registered market participants to purchase computing power as needed, freeing them to focus on core business strategy rather than complicated IT infrastructure. NYSE Technologies Market Data Web Services provides clients with another market data delivery option for NYSE Euronext content, supporting current access methods offered by NYSE Technologies where direct connect clients and SuperFeed clients have the choice of collocating in NYSE Technologies' Liquidity Center or connecting to its Secure Financial Transaction Infrastructure® (SFTI) network.